Here's what happened to the stock market on Monday

  • 📰 CNBC
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Stocks fell as Senate lawmakers failed to push through a massive fiscal stimulus package through a key procedural hurdle.

For a second time in less than 24 hours, a bill that would authorize giant fiscal spending to stimulate the economy failed to clear a key procedural hurdle.

That failure offset the enthusiasm from the Federal Reserve's announcement of an open-ended asset purchase program to sustain the economy. Bottom line, Wall Street has been clamoring for fiscal stimulus. Failure to move forward with such measures could pressure equities even more.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The dems are sabotaging the economics of America.....The blame is all theirs fault plus the accessory to the crime lies with China.....

Let it go to zero the same level that our Republican leaders have sunk to. Useless sacks of potatoes. Stock market Ponzi scheme. Always was always will be. Built for the lazy idle rich.

your shouldve used this pic

It was only down a little because the FED is buying to support their fraud.

Thanks Pelosi.

Boeing $BA is up nearly 12% pricing in a government bailout. smh

DemocratDepression is happening

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks poised to extend losses Monday as stimulus bill stalls in CongressStocks were poised to extend losses Monday after posting their worst week since the financial crisis, as Congressional legislation to fight the coronavirus pandemic hit an impasse in Congress. 😥 They didn't hit an 'impasse'. The Democrats blocked the legislation. Hope will recover soon 😥
Source: USATODAY - 🏆 100. / 63 Read more »

5 things to know before the stock market opens MondayU.S. stock futures hit their 5% 'limit down' overnight as a massive coronavirus funding package failed a key Senate procedural vote. But futures were off the lows Monday morning.
Source: CNBC - 🏆 12. / 72 Read more »